A dog-themed meme asset that rivals Dogecoin (DOGE) and Shiba Inu (SHIB) is flourishing after gaining support from top US-based crypto exchange platform Coinbase. In a new thread on the social media platform X, Coinbase says it's adding support for Floki (FLOKI), a memecoin launched in 2021 inspired by billionaire Elon Musk's pet dog.

Large transaction volumes for the memecoin have increased in the last two days from 39 billion to 460 billion - Good news for Floki?

Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.

The price of Floki Inu (FLOKI), the popular meme token, soared over 20% to $0.000283 after Coinbase announced it allows users to trade it.

Rising TVL growth signals blockchain confidence, yet retail sell-offs weigh on INJ's price trajectory.

Floki's Coinbase listing sparks a surge in price, volume, and investor confidence.

Floki price rallied to its highest level since June 8 after Coinbase, the largest crypto exchange in the United States, listed it and as the crypto bull run continued. Floki (FLOKI), one of the top meme coins, surged to $0.

The Floki ecosystem has grown in the recent past with more than $45 million in total value locked due to the support of other meme coins.

As the meme coin market stands tall above the $110 billion market cap, Doge and Floki showcase a promising rally ahead. Dogecoin trades at a 52-week high, and Floki is preparing for a new all-time high.

Floki's trading volume has doubled as it prepares for Coinbase listing, with the token approaching its all-time high amid broader meme coin market strength and increasing institutional interest.

FLOKI price has gained significant traction from investors lately, as evidenced by the meme coin hitting a 6-month high recently. Notably, this rally comes amid a flurry of developments surrounding the token as well as in the broader crypto market.

Floki (FLOKI), the Ethereum-based meme coin, saw a significant surge in trading volume after Coinbase confirmed it would list the token.

Bitcoin (BTC) continued to hover around the $90,000-$91,000 levels as sellers continued to prevent a move higher. The world's largest cryptocurrency registered a marginal increase over the past 24 hours, trading just above the $91,000 level.

Hex Trust expands its custody, staking, and trading services to the Injective (INJ)ecosystem, strengthening its role as a validator and supporting institutional investors.

Story Highlights Popcat (SOL) price achieves a new ATH today! Floki memecoin is less than 30% away from achieving a new all-time high. Technical sentiments record extreme greed. With a surge of 31.07% in its 24-hour trading volume to $75.3 billion, the memecoin category has added 16.47% to its valuation during this period.

FLOKI has achieved a 40.72% weekly gain amid surging network activity, with technical indicators remaining bullish despite a 6.01% daily correction.

FLOKI rallied 40.72% this week amid high trading volume and rising on-chain activity.

FLOKI price has seen an impressive surge, climbing 21.79% in the last 24 hours and up 62.39% over the past week. This rally has pushed several key indicators into bullish territory, showing strong upward momentum.

Bonk (BONK) has surged to its highest price since July, following its listing on Binance.US, raising speculation about its potential to outshine established meme coins like Shiba Inu and Floki amid increasing demand and market optimism. The post Bonk Hits Its Highest Since July – Could It Soon Outshine Shiba Inu and Floki? appeared first on Cryptonews.

Bitcoin (BTC) hit $90,000 for a brief, fleeting moment before dropping back to mid-$ $89,000. The crypto markets have declined over the past 24 hours as the ongoing bull run took a breather, with most major cryptocurrencies in the red over the past 24 hours.

The altcoin season is picking up pace, with the Bitcoin price claiming a new ATH above $89,000. The Meme Coins market cap has crossed the $100 billion mark at $110.26 billion. With more than 50% of its market cap concentrated in Dogecoin's $58.60 billion market cap, smaller-cap Meme Coins showcases a massive upside potential.

Injective Protocol's native token, INJ, has shown impressive bullish momentum lately. The token has gained 49.15% in the past week, followed by an additional 16.09% surge in just the last 24 hours.

FLOKI has made impressive gains, spurred by bullish market sentiment and technical momentum.

INJ has been on a steady long-term rally in the market. Can this positive momentum take the altcoin to $53?

Pepe shows promise to outperform Floki in upcoming 2025 memecoin supercycle.

The memecoin market is showing strong bullish signals as FLOKI price and PEPE price prepare for potential breakout rallies. Both tokens have recently formed bullish pennant patterns, a technical indicator that often precedes upward movement, hinting at renewed investor interest.

Cardano (ADA) is up 15% in the past 24 hours to lead top gainers among the 100 largest crypto coins by market cap. Meanwhile, as Bitcoin price eyes the potential to flip to new highs after hitting $77k. Elsewhere, several altcoins look poised to tap the upside momentum.

Under the influence of the crypto market rally past the US election result, all the altcoins, including FLOKI price, rallied heavily. After Donald Trump won the election on November 6, its price jumped from $0.00012 to $0.0001479.

Injective (INJ)and Fetch.ai join forces with the Artificial Superintelligence Alliance to enhance AI-enabled finance on the Injective platform, marking a significant step in blockchain interoperability.

Floki edges closer to a breakout as market momentum and technical signals align for potential gains.

Injective's October 2024 update reveals significant advancements in blockchain, ecosystem, and community sectors, aiming to merge traditional finance with decentralized finance.

Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.

Crypto analyst Master Kenobi has provided an update on his FLOKI master plan. The analyst revealed that his initial analysis had been invalidated and mentioned what was next for the Shiba Inu competitor with this development.

Here are the key levels to watch as FLOKI's accumulation trend picks up momentum.

AUSD is a “stablecoin”. It is a digital dollar that keeps a steady value.

Bitcoin (BTC) briefly fell below $68,000, plunging to a low of $67,574 on Sunday as buyers struggled to hold on to $68,000 following the emergence of mixed signals. The drop marks a significant pullback from above $73,500, with recent daily candles representing considerable selling pressure, indicating a bearish outlook.

FLOKI is navigating a critical moment as technical indicators flash bearish signals, raising concerns over its ability to maintain support at $0.000110. With downward momentum building and sellers gaining strength, this support level has become a focal point for traders watching for signs of stability or further decline.

Agora launches AUSD, a US dollar-backed stablecoin, on the Injective (INJ)blockchain, enhancing liquidity between DeFi and TradFi markets, and supporting seamless financial transactions.

Injective, the DeFi-centric protocol, has recently made major moves. Besides boasting of high throughput and low fees while protecting traders from maximal extractive value (MEV) bots, the platform has been striking key partnerships.

Agora, co-founded by Nick Van Eck, is set to launch its US dollar stablecoin, AUSD, on Injective‘s blockchain, aiming to create a bridge for liquidity between decentralized and traditional finance markets. What Happened: Backed by VanEck's asset management and custodied by State Street, AUSD will be collateralized with a basket of cash, U.S. treasury bills, and overnight repurchase agreements, ensuring a 1:1 ratio with the US dollar.

TL;DR Injective has launched AUSD, the first US dollar-backed native stablecoin, developed by Agora to enhance DeFi efficiency. The stablecoin is fully collateralized and backed by cash, Treasury bonds, and repurchase agreements. AUSD has reached a circulation of over $65 million and a daily volume exceeding $15 million.

Agora's AUSD, a stablecoin backed by VanEck and held by State Street, now powers cross-market liquidity on the Injective blockchain. Injective (INJ) has added support for AUSD, a U.S.

Agora's USD stablecoin has gone live on Injective after making its debut on Ethereum, Avalanche and Sui Networks previously.

With the Bitcoin price inching closer to a new all-time high above the $73,800 mark, the meme coins are expressing a massive uptrend at play. The dog-themed meme coins rank high among the top performers in this bull run.

Canine meme coins Shiba Inu ($SHIB) and Floki ($FLOKI) are rallying in line with the rest of crypto's meme coin sector, which grew 10% in the last 24 hours to post a collective market cap of $67.9 billion. Both Shiba Inu and Floki rose 9% overnight and now retail for $0.00001864 and $0.0001445 respectively.

Floki's bullish pennant formation, along with favorable technical metrics, signals a possible breakout.

Dogecoin (DOGE) is leading the meme coin market recovery supported by other players like Shiba Inu, POPCAT, and FLOKI with each gaining 10-15%.

Floki Inu (FLOKI) is having a hard time because of bearish patterns in the market, which is making buyers nervous. Some predictions say the price could go up by 220%, hitting $0.00044 by November 26, 2024.